DigiPay initiates ‘Local Business Partnership’ scheme through franchise

KATHMANDU: DigiPay, a payment service provider licensed by Nepal Rastra Bank, has initiated the 'Local Business Partnership' scheme through the 'DigiPay Franchise'. The future of the digital age is the wallet business. According to WorldPay's Global Payments Report, by 2023, more than half of all e-commerce transactions would take place through digital wallets. In Nepal too, transactions worth more than Rs 2 billion take place through mobile wallets on daily basis and this trend is increasing. Keeping this fact in mind, DigiPay launched the franchise scheme to expand its reach to remote villages of the country, increase the knowledge of the public about electronic payments and make its services and facilities more effective. Founded in 2017, DigiPay is a business app. Apart from utility payments, customers and entrepreneurs will be able to earn income in expenses and businesses by using the app for e-commerce, event and travel ticket buying and selling, digital voting as well as cash transactions. DigiPay is the first digital model-based franchise platform in the country. The DigiPay app, built with the investment of millions of rupees, will enable the franchisee to earn sufficient income by implementing the full business plan available from the company. Even if the minimum target projected by the company is achieved, it will be possible for a franchisee to earn a minimum of Rs 400,000 per month. Entrepreneurs wishing to own franchises need not acquire full work efficiency and will be able to get profits and opportunities by operating quickly in collaboration with a reputed and official brand without any hassle. The features of the DigiPay franchise include the non-requirement of high technical proficiency. Franchisees can make small investments with low risk and high profit. Likewise, the app is expected to have an effective network and technical support round the clock. So far, more than 300 entrepreneurs have joined the Digi Pay app which has been downloaded more than 100,000 times, and this trend is increasing. Through DigiPay's franchise, the company expects to create large-scale employment opportunities across the country. Former Miss Nepal and media personality Sugarika KC has been appointed as the 'Brand Ambassador' for the more effective promotion of the DigiPay franchise scheme. READ ALSO:

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